Market Overview:
The India castor oil market size reached 102.5 Kilo Tons in 2023. Looking forward, IMARC Group expects the market to reach 108.5 Kilo Tons by 2032.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
102.5 Kilo Tons |
Market Forecast in 2032
|
108.5 Kilo Tons |
Castor oil is a multi-purpose vegetable oil extracted from the seeds of the Ricinus Communis plant. It has a high ricinoleic acid content and offers excellent lubricating properties. Consequently, it is used in the production of wax, dyes, inks, soaps, caulks, paints, textiles, polishes, flypapers, adhesives, pigments, surfactants, brake fluids, machining oils, electrical liquids, washing powders and lubricating greases in India.
Castor oil has anti-bacterial and anti-inflammatory properties and provides various therapeutic benefits. As a result, it finds applications in several industries, including pharmaceuticals and cosmetics. Moreover, on account of its distinctive chemical structure, castor oil is used as a key raw material in the manufacturing of various end products, such as biodiesel, machining oils, polyurethane adhesives and refrigeration lubricants. This represents another growth-inducing factor contributing to the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India castor oil market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on end use.
Breakup by End Use:
- Pharmaceuticals
- Lubricants
- Paints
- Soaps
- Others
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
'000 Tons |
Segment Coverage |
End Use, Region |
Region Covered |
North India, West and Central India, South India, East India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |